China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur infrastructure spending and revive a flagging economy, two people with knowledge of the matter told Reuters on Tuesday.
Israeli Prime Minister Yair Lapid will press French President Emmanuel Macron on Tuesday for a tougher and time-limited tack on the Iranian nuclear negotiations, and warn that the Tehran-backed Hezbollah group is "playing with fire", an official said.
The EU's plan to label investments in gas and nuclear power plants as climate-friendly faces a final vote on Wednesday when European lawmakers decide whether to accept or reject proposals that have divided governments and investors.
Thailand's headline inflation outstripped forecasts to hit a near 14-year high in June, reinforcing expectations of a rate hike as early as next month, and with the commerce ministry warning price pressures will extend into the third quarter.
Warwickshire County Cricket Club said officials are investigating allegations of racist behaviour among members of the crowd at Edgbaston on the fourth day of the fifth test between England and India.
(RTTNews) - Asian stock markets are trading mixed on Tuesday, following the positive cues from European markets overnight, as investors remained cautious amid persisting worries about inflation, slowing growth and rising interest rates by major central banks pushing towards a pot
Gold prices were largely unchanged on Tuesday as investors stayed away due to a softening inflation outlook and impending interest rate hikes from top central banks.
Asian shares inched up on Tuesday morning as positive economic data and hints of easing Sino-U.S. tensions offered some respite to the recent sell-offs, though persistent fears about a global recession and sky-high inflation kept most buyers at bay.
Russian forces set their sights on their next objectives in Ukraine's eastern Donetsk province, after President Vladimir Putin claimed victory in neighbouring Luhansk province as the the five-month long war entered a new phase.
Copper prices languished near 17-month lows on Tuesday on heightened worries that aggressive rate hikes by central banks to tackle soaring inflation would push economies into a recession and dent demand for metals.
HONG KONG (Reuters Breakingviews) - Turning to drink is never the solution — unless you are a banker in Singapore, where two boozy deals could help to end an activity drought. Tapping into rising domestic consumption has long been a favour
Though the bitcoin price is bringing the overall sentiment down, many exciting things are happening in Bitcoin that will make this price drop temporary.
China's services activity snapped three months of decline in June and grew at the fastest rate in almost a year as easing COVID curbs revived demand, although firms remained cautious about hiring, a private-sector survey showed on Tuesday.
(RTTNews) - The Australian stock market is slightly higher on Tuesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 6,600 level, following the positive cues from European markets overnight, boosted largely by gold miners, energy an
Gold dipped slightly on Tuesday, as a recovery in U.S. Treasury yields from last week's one-month lows reduced the appeal of non-yielding bullion, with a strong dollar also piling on.
(RTTNews) - Canadian National Railway Co. (CNI, CNR.TO) said that the International Brotherhood of Electrical Workers or IBEW has agreed to binding arbitration, bringing the strike to an end on July 5, 2022. Employees in Signals and Communications will return to their roles at 07
(RTTNews) - Mercer International (MERC), in an update on a fire which occurred in the wood chip storage area at Stendal pulp mill, said that the fire has been primarily extinguished but as is customary in such cases, the site will be monitored for hot spots for several more days.